Question: Provide correct option with step by step calculation Consider the following information: Net income $20,000 Depreciation 3,000 Increase (decrease) in accounts receivable| 1,000 Increase (decrease)

Provide correct option with step by step calculation

Provide correct option with step by step
Consider the following information: Net income $20,000 Depreciation 3,000 Increase (decrease) in accounts receivable| 1,000 Increase (decrease) in accrued liabilities Increase (decrease) in prepaid rent (400) Cash paid to purchase office equipment | 4,000 The company would report a net cash inflow from operating activities of: A. $17,500. B. $18,500. C. $21,500. D. $23,300

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